Gokul Agro Resources (GOKULAGRO) Q4 23/24 earnings summary

Executive summary

• FY24 consolidated revenue rose to Rs 1,385,393.31 lakh from Rs 1,073,980.75 lakh; net profit after tax was Rs 13,568.68 lakh versus Rs 13,919.49 lakh.

• Q4 consolidated revenue was Rs 393,760.31 lakh and net profit after tax Rs 4,221.33 lakh, versus Rs 263,898.02 lakh and Rs 3,711.01 lakh in Q4 FY23.

Financial highlights

• Standalone FY24 revenue was Rs 1,292,243.90 lakh versus Rs 1,008,281.97 lakh; net profit after tax and minority interest was Rs 10,478.08 lakh versus Rs 10,470.05 lakh.

• Standalone Q4 revenue was Rs 351,931.23 lakh versus Rs 242,382.26 lakh; net profit after tax was Rs 3,414.47 lakh versus Rs 3,118.06 lakh.

Outlook and guidance

• Planned Gandhidham biodiesel unit investment of Rs 105 crore; expected to increase EBITDA margins by 3–5% for existing palm fatty acid and palm stearin by-products.

• Vegetable oils used in edible-oil refining are identified as the primary feedstock for biodiesel production.